Raids at 11 addresses in a tax fraud case with damages exceeding one million lei
Law enforcement conducted searches in Bucharest and three counties in connection with a case involving evasion of obligations to the state through simulated share transfers. The estimated damage exceeds 1,070,000 lei.
Raids at 11 addresses in a tax fraud case with damages exceeding one million lei
On Wednesday, economic crime-fighting units executed eleven search warrants in the capital and in the territories of Gorj, Timiș and Mehedinți counties. The operation targets a group suspected of causing the state damage of over one million lei through illegal accounting manoeuvres and simulated transfers of ownership of companies with outstanding tax debts, according to News.ro.
Specialist teams from the Gorj Police Inspectorate acted under the guidance of the case's presiding magistrate. Of the eleven properties inspected, five were located in Gorj county, four in Timiș, and the remaining properties one each in Mehedinți and Bucharest.
Investigations have revealed that, during the second half of last year, two men allegedly took control of twelve commercial entities burdened with debts to tax authorities. The transfer had only the appearance of legality, the real purpose being to shield nine former associates and managers of these companies from criminal prosecution.
The value of the damage caused to the consolidated general budget was provisionally calculated at 1,070,000 lei.
The operation was assisted by specialists from the territorial police inspectorates in Timiș and Mehedinți, alongside colleagues from the General Police Directorate of Bucharest Municipality.
Source: News.ro